Government unveils biggest nuclear expansion in 70 years
Government aims to quadruple nuclear power supplies by 2050 and streamline regulation to speed up delivery.
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Mortgage rate decline pulls buyers back into the housing market
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
Beijing bourse tells ‘major shareholders’ to refrain from selling | Reuters News Agency
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally. Market Impact The Beijing bourse currently houses 232…
Activists Are Demanding Facebook Suspend An Indian Executive Who Shielded Anti-Muslim Hate Speech
“It’s high time Mark Zuckerberg and Facebook take anti-Muslim hatred seriously and change how its policies are applied in Asia and across the world,” Heidi Beirich, executive vice president for strategy at the Global Project Against Hate and Extremism, one of the signatories of the letter, said in a statement. “The scandal in the Indian…
Opinion: Should fat people get an extra airline seat for free? Southwest Airlines thinks they should
Kimmy Garris, who describes herself as a “fat solo traveler,” probably had no idea that her 30-second TikTok video was going to cause a sensation when she recorded herself in September politely asking a Southwest Airlines gate agent if she could avail herself of the airline’s “customer of size” policy. Her TikTok post went viral…
Running a franchise business like fast food is getting more expensive
A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images McDonald’s decision to raise royalty fees for the first time in nearly three decades doesn’t mean a wave of franchisees across corporate brands are about to see their cost of doing business…
Blank Street Coffee relied on low costs to grow — now it’s betting on subscriptions
Blank Street Coffee’s shops have taken over New York City as they lure in customers with cheap lattes and cold brew. Now the upstart chain aims to attract even more consumers who want to slash their coffee budgets through a subscription program. The Blank Street Regulars program, which opened to the public this summer, has…
